The U.S. Small Business Administration (SBA), Senate passed the PPP Extension Act of 2021 that extends the current deadline of March 31 to May 31 and gives the SBA another 30 days to process loans, which means all PPP lenders should be able to accept loan applications up to May 31, instead of shutting their portals down a couple days early.
LEDC’s PPP application portal is now live! You can access it here:
To view participating lenders, click here
The new guidance released includes: